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EURUSD erased its previous gains.
EURUSD | H4 | ||
Resistance | 1.0945 | 1.1010 | 1.1065 |
Support | 1.0825 | 1.0770 | 1.0705 |
Primary Scenario | EURUSD erased its previous gains and is now negotiating below the daily pivot (1.0890). A deeper correction of the market will push prices to find support at 1.0825 and further down to 1.0770. | ||
Alternative Scenario | A surge of the market above the daily pivot will lift the exchange rate towards the resistance level at 1.0945. |
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Source:: EURUSD erased its previous gains.